Coding projects for money

By David Olive Business Columnist Mon., Jan. 7, 2019 1. Gen Z asserts itself Gen Z begins entering the workforce this year. In just two years, Generation Z — people born in the late 1990s and since — will account for about one-third of the workforce. In contrast to millennials, Gen Z is motivated more by challenging workplace projects than money. Surveys show Gen Zers prefer face-to-face over digital contact. Gen Z is also among the most entrepreneurial generations yet. That makes its members a flight risk in regimented workplaces where unorthodox thinking is discouraged. Gen Z is more likely than millennials to prefer private workspaces over open-space layouts. And social-media savvy Gen Zers, accustomed to free flow of information, demand unprecedented managerial candour. Turnover will be high in workplaces that don’t provide it. 2. Modestly pricier food Canadians can expect to pay between 1.5 per cent and 3.5 per cent more for food … [Read more...] about 20 next new things for the business world in 2019

By David Olive Business Columnist Mon., Jan. 7, 2019 1. Gen Z asserts itself Gen Z begins entering the workforce this year. In just two years, Generation Z — people born in the late 1990s and since — will account for about one-third of the workforce. In contrast to millennials, Gen Z is motivated more by challenging workplace projects than money. Surveys show Gen Zers prefer face-to-face over digital contact. Gen Z is also among the most entrepreneurial generations yet. That makes its members a flight risk in regimented workplaces where unorthodox thinking is discouraged. Gen Z is more likely than millennials to prefer private workspaces over open-space layouts. And social-media savvy Gen Zers, accustomed to free flow of information, demand unprecedented managerial candour. Turnover will be high in workplaces that don’t provide it. 2. Modestly pricier food Canadians can expect to pay between 1.5 per cent and 3.5 per cent more for food … [Read more...] about What’s in store for the business world in 2019

Democrats and Republicans have been arguing about how large companies will spend gains from the GOP tax law’s huge corporate tax cut. In the first quarter, spending by S&P 500 companies supported both parties’ arguments. Share buybacks hit the highest level in a single quarter, supporting the Democratic argument that the money will go to shareholders and not workers. Capital expenditures also surged to the highest level for any first quarter on record, supporting the GOP’s argument that the law will boost economic growth. The biggest companies in the US made a killing in the first quarter of 2018, largely in part to the new GOP tax law. The windfall also helps bolster both Democratic and Republican arguments for and against the massive rewrite of the tax code. Earnings for S&P 500 corporations surged 23.3% in the first quater, the largest increase in growth since the … [Read more...] about Companies are raking it in from the Trump tax law — and it’s a big win for both Democrats and Republicans

With the Bank of Thailand issuing regulations to govern financial institutions engaged in the e-marketplace, the domestic e-commerce arena is poised for local firms to battle it out with foreign e-commerce behemoths. Effective from Jan 16, the central bank is requiring financial institutions interested in operating in e-commerce to provide notice of at least 30 days before setting up shop.The Bank of Thailand allows banks and non-banking companies to display, buy, sell and offer payment for goods and services sold via the platform. These firms are barred from providing logistics services.Five of the institutions in the e-marketplace are banks and the sixth is the nonbanking subsidiary of a bank.“If small and medium-sized enterprises [SMEs] are allowed to start e-commerce businesses, I don’t see why banks should not be allowed to. After all, people trust banks, and they are in a much stronger financial position,” said Suebsak Liwlak, founder of e-commerce consulting … [Read more...] about The coming battle for e-commerce

Open Banking rules come into force in the UK on Saturday, January 13. The rules force banks and payment companies to share data with third parties if customers agree. The changes are meant to encourage comparison and bank account switching but some think an unintended consequence could be opening up banking to tech giants like Facebook and Google. LONDON – New rules come into force in Britain today that force banks to open up their data to outsiders. “Open Banking” begins on January 13. The new rules force Britain’s nine biggest banks to share customer data with third parties if a customer agrees. The changes are meant to improve price comparison and boost account switching. (You can read a full guide here.) But many market watchers speculate that an unintended consequence of the new rules could be to lure tech giants like Facebook, Google, and Amazon into mainstream finance in the UK. David … [Read more...] about It could be easier for Facebook and Google to get into UK banking thanks to new rules starting Saturday